142 Bayview Dr Stumpy Point, NC 27978
This exceptional 5.1-acre commercial lot in Stumpy Point, North Carolina, presents a unique development opportunity. Located at 142 Bayview Drive, 27978, this level, cleared lot boasts dimensions of approximately 90 feet by 2000 feet, totaling 222,191 square feet. The property is zoned SP-2 and situated within the Stumpy Point Bay subdivision. Conveniently located, it offers city water and sewer access, significantly reducing infrastructure development costs. The lot is largely cleared, approximately 95% ready for construction, minimizing site preparation needs. A community boat ramp provides easy access to the water. While wooded areas may exist, the majority of the lot is cleared and level, providing a nearly build-ready site. The property's location offers potential for sound views with appropriate home design. 2023 tax records are available. This prime location and build-ready condition make this a highly attractive investment. Seize this opportunity to build your dream project in a desirable coastal North Carolina setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.